China’s market regulator says e-commerce giant Alibaba has completed three-year ‘rectification’ period
SHANGHAI (Reuters) – China’s State Administration of Market Regulation issued a statement on Friday saying Alibaba Group had completed three…
Day: August 30, 2024
CrowdStrike exec to testify before Congress on IT outage
(Reuters) – A senior executive at CrowdStrike will testify before a U.S House of Representatives subcommittee on Sept. 24 on…
Oil falls as supply set to rise, uncertainty around Fed rate cuts
By Georgina McCartney HOUSTON (Reuters) -Oil fell about 2% on Friday as investors weighed expectations of a rise in OPEC+…
Solid US consumer spending pushes against hopes for hefty Fed rate cut
By Lucia Mutikani WASHINGTON (Reuters) – U.S. consumer spending increased solidly in July, suggesting the economy remained on firmer ground…